CGSC confirms Oliver Homer hire

Broking group Cooper Gay Swett & Crawford (CGSC) has confirmed that it has hired Oliver Homer as its global head of mergers and acquisitions.

Insurance Times revealed the appointment in May.

Homer is the son of Towergate director and Biba chairman Andy Homer. Before joining CGSC he was a vice-president of investment bank Keefe, Bruyette & Woods (KBW) as part of a team specialising in insurance and financial services transactions.

While at KBW he advised on Canopius’s acquisition of fellow Lloyd’s insurer Omega and more recently Enstar’s acquisition of Lloyd’s player Atrium Insurance.

CGSC chief executive Toby Esser said in a statement: ““We have been clear that M&A is a key element of CGSC’s growth strategy. We are delighted to have an insurance industry M&A specialist of Oliver’s calibre joining us to oversee the process.

“This is an exciting time for CGSC. The significant investment in our company by Lightyear Capital and our very successful debt refinancing deal earlier this year left us in an excellent position from which to move our M&A plans forward.

“The board, my senior managers and I are committed to growing CGSC substantially over the coming years, both organically and through M&A deals that will add significant value to our client offering and profitability. Oliver’s hire reinforces our dedication to getting these deals done.”